News

Apple to pay $250M to US iPhone buyers over AI lawsuit
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8 May, 2026

Apple to pay $250M to US iPhone buyers over AI lawsuit

Apple agrees to pay $250M to settle a class-action lawsuit over misleading AI features in the iPhone 15 and 16,...
South Korea shifts from crypto to stocks and stablecoins
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8 May, 2026

South Korea shifts from crypto to stocks and stablecoins

South Koreans cut crypto holdings by half as investors shift to stocks and dollar-backed stablecoins amid market uncertainty.
Coinbase loses $400 million, 1.5 million customers and 14% of staff
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8 May, 2026

Coinbase loses $400 million, 1.5 million customers and 14% of staff

Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Japan firms back AI as China guards workers’ rights
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8 May, 2026

Japan firms back AI as China guards workers’ rights

A recent survey shows AI is becoming essential for Japanese businesses, while China pushes AI growth alongside protections for workers...
BTC mining metrics improve, but not enough to halt the AI pivot
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7 May, 2026

BTC mining metrics improve, but not enough to halt the AI pivot

BTC mining profits remain under pressure as major miners pivot to AI data centers, dump token reserves, and scale back...
Academy Awards bans AI performances from Oscars eligibility
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7 May, 2026

Academy Awards bans AI performances from Oscars eligibility

The Academy restricts AI-generated performances and screenplays from Oscar eligibility, emphasizing human creativity in filmmaking.